PPP Loan information for Garth newel music center foundation

$102,875

Garth newel music center foundation was initially approved for PPP Loan of amount $102,875, the current approved amount is $102,875. The loan was approved on 02/25/2021 by The Truist Bank reported 9 jobs and $102,875 was used to fund payroll.

Garth newel music center foundation is Existing or more than 2 years old

GARTH NEWEL MUSIC CENTER FOUNDATION

Date Approved

02/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

GARTH NEWEL MUSIC CENTER FOUNDATION

Borrower Address

403 Garth Newel Ln

Borrower City

Hot Springs

Borrower State

VA

Borrower Zip

24445-2825

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102875.00

Current Approval Amount

102875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hot Springs

Project County Name

BATH

Project State

VA

Project Zip

24445-2825

CD

VA-06

Jobs Reported

9

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

102873.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

103546.55

Forgiveness Date

10/25/2021

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